Applied Materials Inc. (NASDAQ:AMAT) stock climbed nearly 7% on Thursday as investors poured into semiconductor stocks during a broad technology rally. The Nasdaq gained 1.49%, while the S&P 500 rose 0.63%. Sentiment also received a boost from fresh comments by…
Penguin Solutions, Inc. (NASDAQ:PENG) stock is trading higher on Thursday as analysts boost their forecasts following an upbeat quarterly update. Technology (+1.37%) is leading all sectors while the S&P 500 is up 0.12%. What Catalyzed Penguin Solutions’ Stock Surge? The…
Dell Technologies Inc. (NYSE:DELL) stock is climbing Thursday after Evercore ISI raised its price forecast on the stock to $500 while maintaining an Outperform rating. The Nasdaq is up 1.18% while the S&P 500 has gained 0.47%. White House Comments…
The AI trade has been built on a powerful assumption: AI won’t just supercharge Big Tech earnings — it will eventually lift profitability across the entire economy. The problem, according to Apollo chief economist Torsten Slok, is that the second…
As gold enters a bear market, investors aren’t abandoning the metal—they’re changing how they own it. Option-income ETFs are emerging as an alternative to traditional bullion funds amid heightened volatility. Source: TradingView For years, physically backed ETFs dominated this area,…
Just weeks after new rules helped pave the way for Space Exploration Technologies Corp (NASDAQ:SPCX), or SpaceX to join the Nasdaq 100 Index, BlackRock has launched a new ETF tracking the benchmark, escalating competition with long-time market leader Invesco and…
Micron Technology Inc. (NASDAQ:MU) stock jumped on Thursday as investors welcomed the company’s expanded U.S. investment plans alongside a broad rally in semiconductor stocks. The Nasdaq gained 1.42%, while the S&P 500 rose 0.58%. Technology led all sectors with a…
Costco Wholesale Corp (NASDAQ:COST) shares are trading lower Thursday morning as investors continue to weigh the company’s June sales update. The move also follows a price-target cut from JPMorgan analyst Christopher Horvers, who maintained an Overweight rating on Costco but…
Amazon.com Inc. (NASDAQ:AMZN) is heading into its second-quarter earnings report with continued momentum across its core businesses, according to BNP Paribas, which maintained its Outperform rating and $345 price forecast on the stock. The firm said it expects Amazon to…
Nokia Corp (NYSE:NOK) stock is trading higher on Thursday following an announcement regarding a technology partnership with NestAI to build capabilities for AI-enabled defense operations. The Nasdaq is up 1.38% while the S&P 500 has gained 0.36%, and Technology is…